The likelihood of a market crash seems low, especially considering the pent-up demand that still hasn't been absorbed, even with many predicting a downturn. Unlike 2008-when very few foresaw the crash-the current environment is quite different. The homeownership rate peaked in 2004 and hit a median level after another peak in Q2 2020. From 2008 to 2012, it dropped by 3%, and by Q2 2020, it had shifted from 68% to 65%.
Diversifying investments between real estate and the stock market is a wise strategy, particularly with a sound trading plan in place to guide you through both prosperous and challenging periods. It's all about maximizing returns while managing risks effectively.
You’re not doing anything wrong; the challenge lies in acquiring the necessary expertise to navigate a tough market. Those with experience from the 2008 financial crisis have a distinct advantage, but with the right knowledge and strategy, anyone can succeed and secure substantial returns, even in a volatile environment. Continuous learning and development are key.
Lately, I've been thinking about consulting with financial advisors. I need professional guidance, but I’m uncertain if their services will provide the value I'm seeking.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
Thank you for the recommendation. Rebecca’s credentials are equally impressive. I came across her profile online, reviewed her background and qualifications, and I’m confident in her expertise. I’ve reached out, and I’m scheduled for a consultation. Looking forward to it!
You explained purchase of investment property using equity and bank financing that I now understand. I've always been averse to debt, but this makes it sound more achievable. Thanks!
Davie, congrats man, such a great video! It explains the game in an easy way for people to understand and you were able to basically fit everything in it! Keep it up buddy! Great job 👏
This is the best video about depreciation. The others are all talking about tax deduction, actually it does not same any money unless you have 50% discount.
Wow, this was such a good video. Thank you so much. I wonder if you buy a house but those laws miraculously change, would you get screwed or those changes are usually not retroactive?
Thank you! the labour govt was keen to do something about this about 5+ years ago but lost the elections and chickened out after hahah. They were talking about removing negative gearing.
Can you get a mortgage that draws on equity and then just put that money into your personal bank account to live off and not have to pay taxes on that money? For example, if you are about to retire, rather than sell the property you draw on equity and live off the money from the loan.
@@KirkBell yes but you can’t go to the bank to get a loan without the ability to service the loan through income. My next video goes into detail about this
Hi Davie, I run a small business where I’m the Director and my wife holds 50% of the shares. I’m looking into using the business to purchase property. Can this property be distributed as dividends, and what would be the tax implications?
1. Yes the net rental income will count towards yearly net profit and can be distributed as part of a dividend. Fully/Partly franked depending on the franking acct balance. 2. Tax implication of having property in Pty Ltd: - no 50% CGT discount available. - depending on state higher Land Tax payable each year - if you ever decide to live in it, no access to tax exemption for primary residence. Also will attract FBT.
Just dont like the fact that you get all the videos on YT about refinancing, rinse and repeat etc etc but nobody really touches the point of YOU having to actually INCREASE your income to draw that equity and then utilise it. Only if it was THAT easy for an ordinary aussie to do it!
The likelihood of a market crash seems low, especially considering the pent-up demand that still hasn't been absorbed, even with many predicting a downturn. Unlike 2008-when very few foresaw the crash-the current environment is quite different. The homeownership rate peaked in 2004 and hit a median level after another peak in Q2 2020. From 2008 to 2012, it dropped by 3%, and by Q2 2020, it had shifted from 68% to 65%.
Diversifying investments between real estate and the stock market is a wise strategy, particularly with a sound trading plan in place to guide you through both prosperous and challenging periods. It's all about maximizing returns while managing risks effectively.
You’re not doing anything wrong; the challenge lies in acquiring the necessary expertise to navigate a tough market. Those with experience from the 2008 financial crisis have a distinct advantage, but with the right knowledge and strategy, anyone can succeed and secure substantial returns, even in a volatile environment. Continuous learning and development are key.
Lately, I've been thinking about consulting with financial advisors. I need professional guidance, but I’m uncertain if their services will provide the value I'm seeking.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
Thank you for the recommendation. Rebecca’s credentials are equally impressive. I came across her profile online, reviewed her background and qualifications, and I’m confident in her expertise. I’ve reached out, and I’m scheduled for a consultation. Looking forward to it!
You've explained property investing in a much clearer way than I've heard elsewhere. Thanks!
Glad it was helpful!
You explained purchase of investment property using equity and bank financing that I now understand. I've always been averse to debt, but this makes it sound more achievable. Thanks!
Thanks for watching!
Great video! Explained the basics for layman understanding. Thanks a lot!
Davie, congrats man, such a great video! It explains the game in an easy way for people to understand and you were able to basically fit everything in it!
Keep it up buddy! Great job 👏
buddy, can u pls make a video on investing in shares vs investing in real estate for rental income - which is advantage? Appreciate it.
Another cracking informative video
Nice and simple language , great video
Thanks for watching!
Nice video, well explained 👍
@@heatherchen8326 thank you 🙏
It was easy to understand compared to other youtuber. 👍
Thanks for watching!
Nice and simple Davie. Cheers.
No problem 👍
This is the best video about depreciation. The others are all talking about tax deduction, actually it does not same any money unless you have 50% discount.
Very informative video, thanks for this type of content!
Glad you enjoyed it!
Well done - great job
Great video mate thank you 👍🏽
No problem 👍
What about the 6 years rule ? do another video please
I got you - check out “how to avoid or reduce tax on your property” video on my channel
Can u apply for overpaid cgt ?
Wow, this was such a good video. Thank you so much. I wonder if you buy a house but those laws miraculously change, would you get screwed or those changes are usually not retroactive?
Thank you! the labour govt was keen to do something about this about 5+ years ago but lost the elections and chickened out after hahah. They were talking about removing negative gearing.
Nice video 🎉
Awesome video Davie!! just a quick question if i sell my PR in 4 months from purchasing can I still avoid CGT?
ofcourse there is no timeline on how long you need to living it for. Just make sure you dont have another PR at that time
Great Video :-) Thank you
Thank you too!
If it’s negatively geared, can you deduct the loss and the interest/other expenses as well?
Yes you can
Can you get a mortgage that draws on equity and then just put that money into your personal bank account to live off and not have to pay taxes on that money? For example, if you are about to retire, rather than sell the property you draw on equity and live off the money from the loan.
@@KirkBell yes but you can’t go to the bank to get a loan without the ability to service the loan through income. My next video goes into detail about this
love it
Hi Davie, I run a small business where I’m the Director and my wife holds 50% of the shares. I’m looking into using the business to purchase property. Can this property be distributed as dividends, and what would be the tax implications?
1. Yes the net rental income will count towards yearly net profit and can be distributed as part of a dividend. Fully/Partly franked depending on the franking acct balance.
2. Tax implication of having property in Pty Ltd:
- no 50% CGT discount available.
- depending on state higher Land Tax payable each year
- if you ever decide to live in it, no access to tax exemption for primary residence. Also will attract FBT.
Never sale your properties ?
You won’t need to pay the tax if you don’t sell!
And pay the banks a lot
Just dont like the fact that you get all the videos on YT about refinancing, rinse and repeat etc etc but nobody really touches the point of YOU having to actually INCREASE your income to draw that equity and then utilise it. Only if it was THAT easy for an ordinary aussie to do it!